Regulatory Alerts1997-04-22 | Resolución 102/97Added · Updated
Resolution 102/97 Approving the Regulation for Open Market Operations
The Board of Directors of the Central Bank of Bolivia (BCB) approves the Regulation for Open Market Operations, establishing the legal framework, policies, and procedures for these transactions. The regulation defines the roles of the Open Market Operations Committee (COMA), the Currency and Credit Management (GMYC), and internal audit bodies, while specifying operational mechanisms such as public auctions and the money market. It sets eligibility requirements for participants, primarily banks and financial entities regulated by SIREFI, and establishes effective dates and transitional periods for prior regulations. The regulation becomes applicable to all BCB open market operations starting May 15, 1997.
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